To which of the following is a maximum price control most likely to be applied?

When the Federal Reserve increases the federal funds rate, bank loans ________, the supply of loanable funds ________, and the real interest rate ________

A) increase; increases; falls B) decrease; decreases; rises C) increase; increases; rises D) do not change; decreases; rises E) decrease; does not change; rises

Which of the following items is NOT a component of the income approach to measuring U.S. GDP?

A) interest earned on savings deposits B) profits made by businesses C) income earned by businesses that export goods D) investment